Friday thoughts

the website blogger.com was down most of day,,,here are earlier thoughts from today:

409
for wick followers, SPY wicks up to 134.80 AH

324
lim sell 1527 a piece of Ford


247
Ford 1509 stop 14.93 adding here, will take profit on this piece of F if it moves into close

234
spx 15min chart long confirmed using macd bull PpP methodology

232
1347 is spx 60min DTL resist

230
spx 60min bear DTL has NOT been broken higher


230
15min rsi has a bull "swing failure",,,its weak one but there

227
"down channel expansion" followed by break higher out of channel


236
SPX:  first steep 15min DTL has been broken higher,,,but usually will form a second higher DTL, pb, before larger move (for multihour holds),, that is,,, the bigger move higher usually comes on the second high after the initial steep downtrendline break higher


216
spx break 1339 on 3min chart gives 1342 and 1345 mini trgts

209
needs to break 1339 to move


207
spx 1336/37 long could work here, but early entry,,,for es,,,just idea,,,i'm staying out since individ stocks seem preferable than spy atm


119
/CT testing its rectangle resist now, watching for break higher cotton swing

1238

next move down on 3min es may setup a long entry,,,,15min still stabilizing

1221

still no stability on 15min candles, wont go long until then, bearish spx until then, intraday



1156

CORN has small daily candle but is pushing up on horiz resist 1,,which would imply a test of the 60min DTL if breaks higher here

1148

good for today only, may change tomorrow if not filled: cover HOT 56.53 to take profits from 58.62, last 58.01



1134

: could see 5700 on hot today tho, 5802 last

1133

new HOT short from this AM is at 1% roi, scalpers would take profits here or give a tite stop,,,swing trgts lower

1129

es spx 3min should bounce, then fall again,,,the "fall" should present a buying opp for multihour hold



1115

in about an hour, "another" long setup should finish baking for multihour hold,,,

trgt on HOT lower: 5500ish, then 52 (3 weeks) then 48ish

swing SHORT here on HOT,,,will add if bounces higher, 5863

BAL cotton also up 2.6% today,,holding swing for higher trgts



3550 SLV initial daily trgt, 3481 last

momentum traders: daytrade long triggerted here on SLV,,,aggressive as slv volatile

good for today only: lim sell half SLV 3747



slv break higher here would give 37.50 trgt next

SLV is now right at 60min resist,,,it may either break higher here OR head lower all the way down to 3150 area....3440 last

pfe hit 2118 or 4 cents over the 2114 trgt but trying to sell at next trgt 2247 instead

swing long CAT 108.60, may add more later on pb, i paid premium as 108.30 held, over 109 would also trigger buy but decided to enter here

KO just made a new 3 year high, maybe alltime high, tho its only marginally higher from recent april new high

still have 109 trgt on ffiv,,,maybe 115 later, 106.47 last

lim sell PFE long swing 2047 if able

SLV up 3%

lim long cat 108.03 if filled, went long swing KO yest at 68.25,,,will add KO on pb if one comes,,,KO may just decide to continue higher tho, new daily highs on KO

still looking for opps to add SHORTS on some individ stocks, as the SPX peaks






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